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Nydia Velázquez and Raúl Grijalva refer Mckinsey & Co to DOJ for possible conflicts of interest in Puerto Rico

The two senior members of Congress argue that private consultants benefit from multi-million agreements with Puerto Rico’s financial oversight board.

New yorkUnited statesPuerto ricoPuerto ricanRamona elliotRichard glickWayne stensbyOneill borgesJennifer granholmEnergy regulatory commissionPuerto rico public private partnerships authorityNaturgy energy groupSoftbank groupUs department of energyFortress energyPuma energy caribe

Puerto Rico Oversight Board pushes back on conflict of interest claims

The board and its law firm O'Neil & Borges clashed with challenger Carlos Lamoutte in court papers.

Puerto ricoOneil borgesOneill borgesCarlos lamoutteEconomic development bankUs district courtPuerto rico oversight boardPuerto rico oversightEconomic stability actAttorney carlos lamouttePuerto rico recovery accuracyDisclosures actCate longOversight boardCommonwealth of puerto ricoPuerto rico public buildings authority

Attorney claims Puerto Rico Oversight Board law firm had conflict

A firm representing the Oversight Board also represented firms that acquired a loan portfolio from a board-controlled entity.

Puerto ricoEl kouryAndrea bonime blancJaime el kouryOneill borgesCarlos lamoutteLaura taylor swainParliament capital managementIsland portfolio servicesEconomic development bankParliament high yield fundProskauer rosePuerto rico economic development bankUs district courtPuerto rico oversight boardJudge laura taylor swain

Look Ahead to the Week of January 18: The Senate Takes Up Voting Rights | Alston & Bird

Both the House and Senate will be in session this week. The Senate had planned to be in recess, but Senate Majority Leader Chuck Schumer (D-NY) changed the schedule, bringing the.

Puerto ricoSenate majority leader chuck schumerAppropriations committeeFinancial servicesSenate democratsGhost army congressional gold medal act senDepartment of veterans affairsSenate amendmentSenate democraticVote actJohn lewis voting rights amendmentPresident bidenBuild back better actSupplemental impact aid flexibility actPuerto rico recovery accuracyDisclosures act

Puerto Rico disclosure law signed

The law concerning bankruptcy advisor disclosures comes after the SEC fined Oversight Board advisor McKinsey in November.

Puerto ricoRobert menendezNatalie jareskoLaura taylor swainExchange commissionPartners incTransportation authorityMckinsey coPuerto rico oversight boardPresident joe bidenPuerto rico recovery accuracyDisclosures actOversight boardNydia velD new yorkJudge laura taylor swain

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